FT Vest US Equity Buffer ETF May
FMAY
95 hedge funds and large institutions have $190M invested in FT Vest US Equity Buffer ETF May in 2023 Q2 according to their latest regulatory filings, with 26 funds opening new positions, 27 increasing their positions, 32 reducing their positions, and 7 closing their positions.
271% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 7
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
25% more funds holding
Funds holding: 76 → 95 (+19)
17% more capital invested
Capital invested by funds: $161M → $190M (+$28.1M)
6.05% less ownership
Funds ownership: 51.18% → 45.13% (-6%)
16% less repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 32
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$20M |
| 2 |
FWA
FOCUS Wealth Advisors
Houston,
Texas
|
+$15.3M |
| 3 |
KWS
Keystone Wealth Services
Palm Desert,
California
|
+$5.79M |
| 4 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
+$4.95M |
| 5 |
SI
Stephens Inc
Little Rock,
Arkansas
|
+$4.28M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LJAC
L.J. Altfest & Co
New York
|
-$28.2M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
-$18.3M |
| 3 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$11.5M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
-$4M |
| 5 |
CSPIA
Cary Street Partners Investment Advisory
Richmond,
Virginia
|
-$1.67M |
FMAY Hedge Fund Activity: Q2 2023 in Review
95 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in FT Vest US Equity Buffer ETF May (FMAY) for Q2 2023, worth a combined $190M — up 17% from $161M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new FMAY positions and 7 closed out — a net gain of 19 holders — while 27 added to existing stakes and 32 trimmed.
The largest buyer was Commonwealth Equity Services, adding an estimated $20M. The largest seller was L.J. Altfest & Co, cutting an estimated $28.2M.
- 95 institutional investors held FT Vest US Equity Buffer ETF May (FMAY) as of Q2 2023, up from 76 in Q1 2023.
- Funds reported $190M of FT Vest US Equity Buffer ETF May stock for Q2 2023, up 17% quarter-over-quarter.
- 26 funds opened new FT Vest US Equity Buffer ETF May positions in Q2 2023 and 7 closed out, a net change of +19 holders.
- The largest FT Vest US Equity Buffer ETF May buyer in Q2 2023 was Commonwealth Equity Services, an estimated $20M added.
- The largest FT Vest US Equity Buffer ETF May seller in Q2 2023 was L.J. Altfest & Co, an estimated $28.2M sold.
Based on aggregated 13F filings for Q2 2023.